Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) Short Interest Down 99.6% in June

Invesco Investment Grade Defensive ETF (NYSEARCA:IIGD) was the recipient of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 1 shares, a decrease of 99.6% from the May 31st total of 264 shares. Based on an average daily trading volume, of 12,733 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Invesco Investment Grade Defensive ETF Price Performance

Shares of IIGD traded up $0.03 during mid-day trading on Friday, hitting $24.50. The stock had a trading volume of 2,503 shares, compared to its average volume of 6,221. The company’s fifty day simple moving average is $24.52 and its two-hundred day simple moving average is $24.70. Invesco Investment Grade Defensive ETF has a fifty-two week low of $24.30 and a fifty-two week high of $25.08.

Hedge Funds Weigh In On Invesco Investment Grade Defensive ETF

Several large investors have recently added to or reduced their stakes in IIGD. JPMorgan Chase & Co. bought a new stake in Invesco Investment Grade Defensive ETF during the second quarter valued at $61,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco Investment Grade Defensive ETF during the second quarter worth $65,000. Osaic Holdings Inc. raised its holdings in shares of Invesco Investment Grade Defensive ETF by 96.3% during the second quarter. Osaic Holdings Inc. now owns 12,764 shares of the company’s stock worth $315,000 after purchasing an additional 6,262 shares during the period. Jane Street Group LLC lifted its position in shares of Invesco Investment Grade Defensive ETF by 9.4% in the 2nd quarter. Jane Street Group LLC now owns 15,579 shares of the company’s stock worth $385,000 after buying an additional 1,333 shares during the last quarter. Finally, Trilogy Capital Inc. lifted its position in shares of Invesco Investment Grade Defensive ETF by 14.5% in the 1st quarter. Trilogy Capital Inc. now owns 33,124 shares of the company’s stock worth $815,000 after buying an additional 4,200 shares during the last quarter.

Invesco Investment Grade Defensive ETF Company Profile

The Invesco Investment Grade Defensive ETF (IIGD) is an exchange-traded fund that is based on the Invesco Investment Grade Defensive index. The fund tracks a market value-weighted index of investment-grade corporate bonds of intermediate maturities. IIGD was launched on Jul 25, 2018 and is managed by Invesco.